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Tag Archives: Iran

Steel Strikes: How the US-Israeli War Delivered a Severe Blow to Iran’s Economy

In late March and early April 2026, amid the escalating conflict between the United States, Israel, and Iran, airstrikes targeted two of Iran’s largest steel production complexes. The attacks hit Mobarakeh Steel near Isfahan — the biggest steel producer in the Middle East — and Khuzestan Steel in Ahvaz. These …

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Oil Surges Above $115 as Middle East Conflict Escalates, Supply Disruptions Deepen, and Hormuz Strait Risks Intensify

Oil prices rallied sharply on Monday, extending recent gains as escalating geopolitical tensions in the Middle East raised fears of broader supply disruptions. The latest move higher reflects growing concerns that the conflict is widening, with new actors entering the confrontation and little indication of near-term de-escalation. Brent crude futures …

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Oil Jumps Over 2% as Iran Reviews U.S. Proposal Amid Persistent Market Volatility

Oil prices rebounded by more than 2% in Asian trading on Thursday, as markets reacted to conflicting signals surrounding potential de-escalation in the Middle East. The gains follow a sharp decline in the previous session, underscoring the heightened volatility driven by geopolitical uncertainty. As of 02:09 ET (00:31 GMT), Brent …

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Oil Retreats as Ceasefire Hopes Clash with Ongoing Middle East Tensions

Oil prices moved lower on Wednesday, with global benchmark Brent crude hovering around the $100-per-barrel mark, as markets reacted to mixed signals surrounding the ongoing conflict between joint U.S.-Israeli forces and Iran. Despite continued military strikes in the region, renewed diplomatic efforts raised cautious expectations of a potential de-escalation. Brent …

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Oil’s “Fear Premium” Ignites: Brent Cracks $100 as Middle East Turmoil Redlines

Global oil prices have ignited into a fresh, “frenzied” rally over the last few hours. Intense fears of a widening Middle East conflict have shattered a brief window of relative calm, plunging energy markets back into a state of high-octane anxiety.Market Performance: Breaking the Psychological BarrierThe latest trading sessions reveal …

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